Two-Story Office
For Sale
$750,000
Pending
5013 Colleyville Boulevard, Colleyville, TX 76034
Two-story office building with 1,200 sf on each level and 15 parking spaces, with visibility on Colleyville Blvd.
Property Size2,400 SF
Days on Market95
Property Features for 5013 Colleyville Boulevard
General Information
Standard status
Pending
Size
2,400 SF
Total Parking Spaces
15
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1985
Stories
2
Listing Agency:
Milani Properties LLC
(214) 228-7936
Listed By:
Lacy Milani-Ingalls · License #0690122
(817) 488-4333
Source:
Lonestarluxuryrealty
Added: Jul 20
Changed: Oct 8
Last Checked: Oct 20 at 10:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Milani Properties LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story commercial office building offers a total of 2,400 sf with 1,200 sf on the downstairs level and 1,200 sf upstairs. The property is configured for flexible use, with an option for an owner user or income-producing tenants. It also includes 15 parking spaces and a monument sign along Highway 26.
The building has visibility directly on Colleyville Blvd and is situated directly across from Main Street and Colleyville Town Square. Additional nearby shopping and dining are identified in the public remarks, supporting day-to-day convenience for employees and customers.
With separate levels and on-site parking, the property presents a practical setup for either occupying the full building or tailoring use across the two floors, depending on tenant needs.
The building has visibility directly on Colleyville Blvd and is situated directly across from Main Street and Colleyville Town Square. Additional nearby shopping and dining are identified in the public remarks, supporting day-to-day convenience for employees and customers.
With separate levels and on-site parking, the property presents a practical setup for either occupying the full building or tailoring use across the two floors, depending on tenant needs.
Key Highlights
- Two‑story commercial building built in 1985 with 1,200 SF on the first floor and 1,200 SF upstairs
- Visibility directly on Colleyville Blvd
- 15 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,472
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$829,440
$829.4K
Cap Rate 7%
$592,457
$592.5K
Cap Rate 9%
$460,800
$460.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$73.7K $30.72/SF
− Vacancy
−$18.4K −$7.68/SF
EGI
$55.3K $23.04/SF
− OpEx
−$13.8K −$5.76/SF
NOI
$41.5K $17.28/SF
Area
Tarrant County, TX
Vacancy
25.00%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$829,440
Cap Rate 7%
$592,457
Cap Rate 9%
$460,800
Alternative Uses
Best Use
Office B
$592.5K
$518.4K – $691.2K
NOI $41,472 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$844.3K
$738.7K – $985.0K
NOI $59,098 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,132
Businesses Nearby
Explore this area
Business Placement
Demographics for 76034, TX
25,988
Population
9,600
Households
2.7
Avg Household Size
48
Median Age
70%
College-Educated
99%
High-School Grad
13.1 sq mi
ZIP Area
1,984
Density / Sq Mi
$203,157
Median Household Income
$92,142
Median Earnings
$3,194
Median Rent
$717,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with 1,200 sf on each level and 15 parking spaces, with visibility on Colleyville Blvd.
Where is this office building located?
The property is located at 5013 Colleyville Boulevard Colleyville, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑story commercial building built in 1985 with 1,200 SF on the first floor and 1,200 SF upstairs; Visibility directly on Colleyville Blvd; 15 on‑site parking spaces
